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discussing Money in our economy, answer the following questions. 1) What is one charateristic a thing must possess to be considered money? 2) What 3

discussing Money in our economy, answer the following questions.

1) What is one charateristic a thing must possess to be considered money?

2) What 3 properties something must have to be considered Money?

3) What is the difference between M1 and M2?

4) List the 4 functions of the Federal Reserve.

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